Scotiabank Equity Powered GIC

Consider this GIC if you:
  • Want 100% principal protection.

  • Want the potential to enhance your GIC returns by benefitting from the return potential of equity investments.

  • Want to invest for two years or longer.

  • Want the potential to earn a higher, variable return instead of the guaranteed, fixed return of a traditional GIC.

  • Plus:
  • Invest for growth or income.

  • Select with or without a minimum guaranteed rate.

  • Issued by The Bank of Nova Scotia, Montreal Trust Company of Canada and National Trust Company.

  • Eligible for CDIC Insurance. Eligible for CDIC Insurance. Please see CDIC Deposit Insurance Information for further details

  • Scotiabank Equity Powered GIC Rates

    What is an Equity Powered GIC (EPGIC)?

    Learn how EPGICs offer the principal protection of a GIC with the potential to earn more.

    Watch video

    Scotiabank Equity Powered GICs at a glance

     Scotiabank
    Equity Powered GIC
    Regular GICScotia Stock Indexed GICDirect Market/Stock Investment
    Principal 100%
    Guaranteed
    YesYesYesNo
    CDIC eligibleYesYesYesNo
    Can be redeemed?NoNoNoVaries
    Offers minimum guaranteed rate?Yes, for Canadian Income and Canadian Guaranteed ReturnYes, full rate guaranteeNoNo
    Return CalculationLinked to a diversified Basket of SharesFixed interest rateLinked to the performance of a stock market indexDetermined by performance of investment

    How do Equity Powered GICs compare with other investments?

      Canadian Income Canadian Guaranteed Return Canadian Growth American Growth Global Growth
    Term in years 2, 3 or 5 2, 3, or 5 2, 3, or 5 2, 3, or 5 2, 3, or 5
    Minimum
    annual guaranteed interest rate
    Paid annually Compounded and paid at maturity None None None
    Maximum
    potential return*
    Paid annually Paid at maturity Paid at maturity Paid at maturity Paid at maturity
    Linked to Basket of Canadian Shares Basket of Canadian Shares Basket of Canadian Shares Basket of U.S. Shares Basket of Global Shares
    Minimum investment $500 (Canadian Dollars Only)
    Principal 100% Principal Guarantee
    CDIC eligible Yes

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